NEW YORK ( TheStreet) -- Shares of FBL Financial Group (NYSE: FFG) were gapping up Wednesday morning with an open price 10.2% higher than Tuesday's closing price. The stock closed at $33.04 Tuesday and opened today's trading at $36.40.

The average volume for FBL Financial Group has been 69,700 shares per day over the past 30 days. FBL Financial Group has a market cap of $1.02 billion and is part of the financial sector and insurance industry. Shares are up 19.3% year to date as of the close of trading on Tuesday.

FBL Financial Group, Inc., through its subsidiaries, sells individual life insurance and annuity products in the United States. The company has a P/E ratio of 8.3, above the average insurance industry P/E ratio of 7.4 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates FBL Financial Group as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full FBL Financial Group Ratings Report.

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